Finance

NGOs urge Asia Pulp and Paper boycott

An open letter signed by 60 non-government organisations (NGOs) has been sent to investors in Asia Pulp and Paper (APP) urging them not to back the controversial Indonesian company.

Funding for Lending could boost business loans by 66bn

A Bank of England scheme to boost bank lending to businesses and households could provide up to 66bn in funding based on current uptake.

Mark Andy owner AIP completes Presstek acquisition

American Industrial Partners (AIP), the private equity owner of narrow and mid-web flexo press maker Mark Andy, has completed its $26m (16.2m) purchase of direct imaging press builder Presstek.

UK SMEs rocked as ING Lease drops asset finance

The last major mid-market funder to the print industry, ING Lease, has announced its decision to pull out of UK asset finance from 30 November.

Costs scupper the Christmas cracker

The soaring level of investment needed to operate in the short-term seasonal markets means that the sector is now only open to the very biggest of players

Government announces 7m for 3D print research

The Government is to offer grants from a 7m pot for collaborative R&D projects aimed at developing technologies for additive manufacturing.

Zombie businesses threaten UK recovery

The economic recovery is being held back by zombie SMEs, a UK insolvency firm has warned.

Invoice financing a 'last resort' for SME borrowers

Nearly three quarters of SMEs are still unaware of the benefits of invoice finance (IF), according to a new survey.

Kodak publishes 2013-15 cashflow forecast

Kodak has forecast a total operating cash flow of $33m (20m) on revenue of $1.2bn for the first six months of 2013, although its US operation is forecast to lose $110m in the same period.

Business trust in banks declining

Half of UK businesses responding to a new poll carried out by the British Chambers of Commerce (BCC) said that they did not trust banks or building societies.